What is the best time of the day to trade?

Discussion in 'Trading' started by Lloyd W. Coutee, Oct 29, 2015.

  1. J_Smith

    J_Smith

    What is the best day for "balancing"!

    J_S
     
    #21     Oct 29, 2015
  2. J_Smith

    J_Smith

    If you ask Bob Geldof, he has the answer!

    J_S
     
    #22     Oct 29, 2015
  3. Cswim63

    Cswim63

    J.S. You seem pretty cool. So I just have to tell you this. I could just stay inside, not eat, shower or brush, and post replies to ET all day. Wait a minute. Hey at least I'm not overtrading.--Swimr
     
    #23     Oct 29, 2015
  4. J_Smith

    J_Smith

    Well, I am working outside, but I like taking little breaks to save my back :)

    I am guessing...Say what i mean "really" ?

    J_S
     
    #24     Oct 29, 2015
  5. Cswim63

    Cswim63

    Ah the back. Yes I know we'll. It's all about balance for me today. It's a constant thing cause I'm always looking for it. I traded that way and left before I changed
    If one thinks that finding the proper time to trade is going to do it, well, yes and no. Losing money screws with your head. So does making a lot
    The obvious solution is to trade at a level that's low enough not to scare you and high enough to make it interesting. I have only recently fully understood this
     
    #25     Oct 29, 2015
  6. Cswim63

    Cswim63

    BTW gardening and trading are sim in that they are both supposed to be enjoyed for the process. When I started to get that, my trading improved greatly. It's the great irony
     
    #26     Oct 29, 2015
  7. J_Smith

    J_Smith

    --Swimr :)

    Screen Shot 10-29-15 at 05.08 PM.PNG
     
    #27     Oct 29, 2015
  8. Vindago

    Vindago

    JS, your lines are almost perfect, though I would draw them a bit lower, at .50 and .00... also I would use some color to spice it up (Green at .5 Red at .00)...
     
    #28     Oct 30, 2015
  9. J_Smith

    J_Smith

    Thx VO, but my colors are now set in stone, for a reason. As for the "near perfect", nothing is perfect, nor does it have to be - it is what it is!

    The main thing, is to "focus" on what you need to look at, and forget about things that do not really matter - it is amazing that if you show a child how to trade, and just offer a bag of sweets if he does as he is told, he will do it - show an adult, offer a pot of gold, and he will do the exact opposite to what you showed him!

    I wonder why :rolleyes:

    J_S
     
    #29     Oct 30, 2015
    Swift5 likes this.
  10. J_Smith

    J_Smith

    I agree 100% C63, as half the job is liking what you are doing, but with trading you need to be very careful, as to make money, you need to do what you need to do, even if you don't like it !

    J_S
     
    #30     Oct 30, 2015